AIM, which was organized in Delaware in 2006, provides discretionary investment advice and administrative and ministerial support to pooled private investment vehicles, typically organized as Delaware limited partnerships (the “Funds”) and pooled co-investment vehicles typically organized as Delaware limited liability companies or Delaware limited partnerships (the “Co- Investment Vehicles” and together with the Funds, the “Advisory Clients”). The Advisory Clients make primarily private investments in infrastructure and real property-based assets and businesses that seek to generate attractive current yield with significant potential for long-term capital appreciation, and that qualify as real-estate investment trusts (“REITs”), master limited partnerships (“MLPs”) or other yielding investments as a way to increase their market value and gain liquidity. At the present, the only investment advisory clients of AIM are the Advisory Clients. Certain of the Funds have held initial and subsequent closings and are in their respective investment periods, during which investment opportunities are identified, acted upon and exited. The Funds have limited terms, at the conclusion of which, final distributions will be paid to investors. The Co-Investment Vehicles are generally open only to investors in the Funds (“Fund Investors”), though AIM (and its affiliates) have made (and may in the future make) exceptions. Robert B. Hellman, Jr. and Matthew P. Carbone are the principal owners of AIM. Affiliates of AIM serve as the respective general partners or managers of the Funds and Co- Investment Vehicles (as applicable) (collectively, the “GPs”). Each of the GPs is a related person of AIM and is under common control with AIM. The current Funds are: (1) American Infrastructure MLP Private Equity Fund, L.P. (“PE Fund”), a Delaware limited partnership; (2) American Infrastructure MLP Associates Fund, L.P. (“Associates Fund”), a Delaware limited partnership; (3) American Infrastructure MLP Fund, L.P. (“Hybrid Fund”), a Delaware limited partnership; (4) American Infrastructure MLP Fund II, L.P. (“AIM Fund II”), a Delaware limited partnership; (5) American Infrastructure MLP Founders Fund II, L.P. (“Founders Fund II”), a Delaware limited partnership; (6) AIM II Offshore, L.P. (“AIM II Offshore”), a Cayman Islands limited partnership, and its domestic and offshore feeder funds, AIM II Offshore US Feeder, L.P., a Delaware limited partnership (“U.S. Feeder”) and AIM II Offshore Feeder, L.P., a Cayman Islands limited partnership (“Offshore Feeder”) and collectively with the U.S. Feeder, the “Feeder Funds”); and The PE Fund, the Associates Fund and the Hybrid Fund are collectively referred to in this Brochure as the “Gen I Funds.” AIM Fund II, Founders Fund II and AIM II Offshore are parallel funds and are collectively referred to in this Brochure as the “Gen II Funds.” The Gen II Funds will generally jointly participate in investments in accordance with the terms of their respective Governing Documents (as defined below). The Advisory Clients are not registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”), and the securities of the Advisory Clients are not registered under the Securities Act of 1933, as amended (the “Securities Act”). Each Fund and Co-Investment Vehicle is governed by a limited partnership agreement or a limited liability company agreement, as applicable (the “Governing Documents”) that specify the investment guidelines and restrictions applicable to the Advisory Client. In addition, the private placement memoranda or similar offering documents prepared for the Investors of each Advisory Client also contain information regarding the intended investment program for such Advisory Client. AIM, together with the GPs, provides investment management and administrative services to the Advisory Clients in accordance with the applicable Governing Documents and private placement memoranda or other offering materials. Each of the GPs retains management authority over the business and affairs, including investment decisions, of the Advisory Clients for which it serves as general partner or manager. The Investors in the Advisory Clients are “accredited investors” (as defined in Regulation D under the Securities Act) and “qualified purchasers” (as defined in the Investment Company Act), and may include, among others, high net worth individuals, trusts, estates, limited partnerships and limited liability companies. It should be noted that each of the GPs has full and exclusive management authority over all investments, asset dispositions, distributions, and other affairs of its respective Fund or Co- Investment Vehicle. While the GPs maintain ultimate discretionary investment authority over the respective Advisory Client assets, AIM has been delegated the role of investment adviser to the Advisory Clients pursuant to certain Investment Management Agreements between AIM and the

GPs (the “Management Agreements”). The GPs and their members will be subject to the Investment Advisers Act of 1940 (the “Advisers Act”) and rules thereunder, and to all of AIM’s compliance policies and procedures, including but not limited to AIM’s code of ethics, conflict of interest, insider trading, personal securities transactions reporting, and recordkeeping policies and procedures. Each of the members of the GPs will be deemed “persons associated with” AIM (as defined in section 202(a)(17) of the Advisers Act) and will be subject to SEC examination. As such, references to AIM in this Brochure should also be considered references to the GPs in the appropriate context. AIM offers advice with respect to the investments made by the Advisory Clients, which primarily consist of private company securities, by identifying investment opportunities and participating in the acquisition, management, monitoring and disposition of investments for each Advisory Client. The following describes the nature of AIM’s advisory services with respect to the specific Advisory Clients: PE Fund, Associates Fund and Gen II Funds PE Fund, Associates Fund and Gen II Funds were established to make private investments in infrastructure and real property-based assets that are built into platform investments, primarily through acquisition, with complete management teams, stable core assets and clearly identified growth strategies. These investments qualify as REITs, MLPs or similar public yield structures, providing multiple known paths to liquidity. These investments consolidate highly fragmented local infrastructure and real asset sectors that can be difficult to access for investors who lack the expertise, fund structures, local resources and scalable platforms to pursue this strategy. PE Fund, Associates Fund and the Gen II Funds seek to acquire private businesses with stable, recurring cash flows and significant growth opportunities. Hybrid Fund Hybrid Fund was originally established to build a portfolio of securities issued by MLPs and their affiliates through (i) open-market and privately negotiated investments in MLPs and (ii) private control investments in businesses that could be restructured as publicly-traded MLPs. During the early phase of its investment period, Hybrid Fund invested substantially all of its capital in a portfolio of securities issued by MLPs. This involved investing in equity securities of (i) publicly-traded partnerships and limited liability companies, including common and subordinated units and general partner interests, and (ii) certain affiliates of such partnerships and limited liability companies. Hybrid Fund is fully invested and substantially liquidated, having made investments in private businesses with the same stable recurring cash flows and significant growth opportunities via the strategy described above for the PE Fund, Associates Fund and the Gen II Funds. Co-Investment Vehicles The Co-Investment Vehicles are pooled investment vehicles which co-invest with Funds in deals which have investment opportunities exceeding the capacity of the Funds. The Co-Investment Vehicles are generally open only to Investors in the Funds, though AIM has permitted and may in the future permit certain other investors to invest in the Co-Investment Vehicles. Investors in Co-Investment Vehicles are referred to herein as “Co-Investors”, and together with Fund Investors, are referred to as the “Investors.” AIM and/or the GPs have sole discretion regarding when to create a Co-Investment Vehicle that will invest alongside a Fund. AIM organizes a Co-Investment Vehicle to co-invest with a Fund in a particular investment when AIM determines in good faith that the available investment opportunity exceeds the total amount that is in the Fund’s best interests to invest. As noted above, the only clients of AIM are the Funds and Co-Investment Vehicles. AIM tailors its investment advice to each such Advisory Client in accordance with the Advisory Client’s investment objectives and strategy as set forth in the relevant Governing Documents and confidential private placement memorandum or other offering document. AIM does not tailor its advisory services to the individual needs of Investors in its Advisory Clients, and Investors may not impose restrictions on investing in certain securities or types of securities. The Investors in each Advisory Client are able to negotiate the terms of the applicable Governing Documents only in connection with their investments in such Advisory Client at the time of its organization. Once invested in an Advisory Client, Investors generally cannot impose additional investment guidelines or restrictions on such Advisory Client. AIM does not participate in wrap fee programs. As of December 31, 2023, AIM has regulatory assets under management (as defined by the SEC) of approximately $296,261,452. All Advisory Client assets are managed solely on a discretionary basis.